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Conoco, Occidental Post
Higher Net Income

ConocoPhillips first-quarter net income rose 17%, but the company said that tight refining margins and cramped production kept results from being even stronger.

"Although we delivered solid financial results during the first quarter, unplanned downtime negatively impacted our performance," said Chairman and Chief Executive Jim Mulva, adding that the Houston-based company's refineries, like those of many other oil companies,...